Parramatta skyline to soar with 47 levels of luxury living

Artist impression of The Lennox, a development going up in Parramatta.

PARRAMATTA is set to rise even higher with the addition of a 47-storey mixed-use tower.

The Lennox building, to be constructed in the heart of Parramatta, will help solidify the area’s status as Sydney’s second CBD.

The development is costing more than $450 million and has been endorsed by Parramatta Council.

It follows a range of other high-profile luxury developments in the area which have resulted in record sales, including Parramatta’s first $3 million unit sale.

Boom: Apartment towers are going up in Parramatta.

After a sellout launch of 150 units, which mostly piqued the interest of investors, the second stage of apartments is now available.

The residential offerings range from $518,00 for studios through to about $1.99 million for the three-bedroom apartments.

The eye-catching building was designed to appear like reflective glass.

With construction work underway in line for a 2020 completion date, the project has attracted considerable interest from home buyers, EQ Projects development director Andrew Young said.

Part of the project’s appeal was the aspirational concept for people already living in the area — buyers were eyeing the chance to own luxury apartments with rare views of the Parramatta River, Mr Young said.

The Lennox will have a gym and ‘zen’ outdoor area.

“What we have noticed is owner occupiers are wanting to customise designs of predominantly larger units,” he said.

“That demonstrates a healthy level of interest as they recognise the superior location of the river and express that they want to see this as a long-term home.”

The majority of buyers have been couples or families who live within a 15km radius of the site, he added.

Most Lennox units will have about 40sqm of internal space. However, the biggest homes, yet to be released, will include a whopping 206sqm of space. Known as Sky Villas, these homes will be priced around the $3 million mark.

A look inside the luxe apartments.

The project includes parking and retail and residents will have access to a north-facing pool, in addition to a lounge area, gym and an outdoor terrace with barbecues.

Architects Marchese Partners designed the layout, while rooms will be styled by renowned interior designer Lorena Gaxiola.

“Lorena has a point of difference to her style — it is stylish, slightly edgy, very contemporary and clean,” Mr Young said.

All of the units come with at least one balcony and in a bid to cater to varying buyers, there are a number of floorplan configurations, with some featuring a study.

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